I highly doubt that ALA will ever reach $1 or achieve a MC of $840 million. The company is being positioned for a sale and will likely be acquired well before reaching $1, especially if its results align with the preferences of a larger pharma.
For what it's worth, Mink Therapeutics (INKT) hit a low of $1 in early May but has since rebounded to $3.30 (+22% last night), with a MC of A$165 million.
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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6 | 578836 | 0.140 |
13 | 454292 | 0.135 |
8 | 737615 | 0.130 |
8 | 431775 | 0.125 |
7 | 397521 | 0.120 |
Price($) | Vol. | No. |
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0.145 | 78236 | 4 |
0.150 | 107743 | 4 |
0.155 | 234472 | 5 |
0.160 | 572733 | 9 |
0.165 | 252123 | 5 |
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